The few stocks trading on Monday closed with unchanged prices on the US dollar market of the Jamaica Stock Exchange, with the market index closing unchanged after 34 percent fewer shares changed hands with a 91 percent fall in value than Friday.
Only three securities changed hands versus six on Friday. At the close, the JSE USD equity index was unchanged at 190.78 points. The average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 54,899 shares, at US$716 compared to 83,576 units at US$7,818 on Friday.
Trading averaged 18,300 units changing hands at US$239, in contrast to an average of 13,929 shares at US$1,303 on Friday. Trading ended with an average of 54,703 units for the month to date at US$7,867 in contrast to 56,286 units at US$8,199 on the prior trading day. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows no stock ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Margaritaville ended at 11 US cents trading 2,000 shares, Sygnus Credit Investments traded 100 stocks at 15.7 US cents and Transjamaican Highway closed at 0.91 of a US cent with investors switching ownership of 52,799 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
For a second consecutive day, trading ended with six securities changing hands at the close, ending with the prices of three stocks rising, two declining and one remaining unchanged.
Sterling Investments gained 0.1 of a cent to end at 2.1 US cents with investors swapping 9,250 units, Sygnus Credit Investments remained at 15.7 US cents after trading 785 stock units and Transjamaican Highway rose 0.1 of a cent trading 33,100 shares to close at 0.91 of a US cent.
Trading ended with 46 securities changing hands compared to 45 on Thursday and closed with the prices of 22 stocks rising, 12 declining and 12 remaining unchanged, with Ciboney trading at a 52 weeks’ high of 25 cents. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Sagicor Group with 8 percent for 3 million units and Sagicor Select Financial Fund with a 3.6 percent market share for 1.35 million units.
NCB Financial advanced $2 to $144 trading 21,418 stocks, Pan Jam Investment climbed $1.32 to $66.82, after 64,236 shares crossed the market, Sagicor Group dropped $4.49 to close at $45.01, with 3,004,520 shares clearing the market. Scotia Group gained 50 cents to finish at $44.50, trading 5,364 units, Seprod lost 45 cents in closing at $66 and exchanging 25,732 stock units and Wisynco Group increased 50 cents to $16, with 30,512 stock units passing through the market.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through the market.
Trading ended with six securities changing hands, versus seven on Wednesday and ended with no stock rising, four declining and two remained unchanged.
Margaritaville remained at 11 US cents, with 1,500 stock units changing hands, Proven Investments lost 1.98 cents to end at 24.01 US cents in trading 16,149 stocks. Sterling Investments fell 0.38 of a cent in ending at 2 US cents with an exchange of 36,044 units, Sygnus Credit Investments shed 0.3 US cents in closing at 15.7 US cents, trading 2,626 stocks and Transjamaican Highway declined by 0.14 of a cent in ending at 0.81 of a US cent and clearing the market with 165,845 stock units.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 shares.
The JSE USD equity index climbed 7.35 points to 194.18, while the average PE Ratio ended at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close of the market, First Rock Capital Investment gained half of a cent to close at 9 US cents in exchanging 5,730 shares, Margaritaville remained at 11 US cents, with the trading of 282 units, Proven Investments held firm at 25.99 US cents after an exchange of 4,314 stock units. Sterling Investments lost 0.02 of a cent to end at 2.38 US cents, with investors swapping 2,924 units, Sygnus Credit Investments closed at 16 US cents in trading 9,000 stock units and Transjamaican Highway ended at 0.95 of a US cent, after exchanging 6,700 shares.
At the close, the All Jamaican Composite Index climbed 2,008.23 points to 428,733.79, the Main Index advanced 1,833.71 points to 391,266.62 and the JSE Financial Index rose 0.41 points to 101.92.
Month to date trade averaged 302,986 units at $3,778,872, in contrast to 315,550 units at $3,916,179 on Monday. November averaged 623,120 units at $6,686,047.
Pulse Investments gained 35 cents to end at $4.71, with 255,000 shares changing hands, Sagicor Group rose $1.49 to $48.50, trading 32,896 stock units, Sterling Investments gained 39 cents to settle at $3.05, in an exchange of 314,500 shares. Supreme Ventures finished at $18, with gains of 50 cents and 78,024 shares crossing the exchange, Sygnus Credit Investments gained 31 cents to end at $16.20, after 67,770 shares cleared the market.
At the close of the market, MPC Caribbean Clean Energy ended at US$1.15 trading 359 shares, Proven Investments gained 1.99 US cents to end at 25.99 US cents, with an exchange of 13,131 stock units, Sterling Investments gained 0.4 of a cent to end at 2.4 US cents, in transferring 20,000 shares. Sygnus Credit Investments increased by 1.99 cents to 16 US cents, with 1,112 units crossing the market and Transjamaican Highway carved out a gain of 0.01 of a cent to close at 0.95 of a US cent, with investors switching ownership of 110,000 shares.
At the close, the All Jamaican Composite Index lost 3,170.34 points to 426,725.56, the Main Index shed 2,802.34 points to 389,432.91 and the JSE Financial Index lost 0.79 points to settle at 101.51.
Trading for the day averaged 164,753 units at $1,129,937 for each security, compared to an average of 515,078 shares at $2,484,699 on Friday. Month to date trade averaged 315,550 units at $3,916,179, compared to 331,966 units at $4,219,492 on Friday. November averaged 623,120 units at $6,686,047.
Kingston Wharves fell $1.35 to $145.01, with 16,798 units crossing the exchange, 138 Student Living gained 43 cents to settle at $4.75, in exchanging 26,196 stock units, Palace Amusement dropped $200 to $1,100, in transferring 8 units. Pan Jam Investment dropped $4 to close at $62 after 5,631 units crossed the exchange, Pulse Investments shed 37 cents to $4.36 in trading 422,959 shares, Scotia Group fell $1.50 to $45 in an exchange of 25,605 stock units and Wisynco Group shed 33 cents to end at $16.10, with 78.736 shares crossing the exchange.